@sentinel
Alex was copied on this mail.

@sentinel
I received this mail at the first of march.
I agree totally about the wrong tone of the mail: I was shocked, how someone responsible for communications of a company speaks in this way - with a potential client!

"shareholder list":
ACMG sent out a mail to a group of people at 3rd of december asking if we were still shareholders and how many shares we owned. Reason was an update of the shareholder's list and "fighting the shorts we identified" (original).

Hope this helps and still think (hope...?) ACMG is real - glta

Here is the mail I've got last week from ACMG (I think every shareholder from the list got it):

"Dear Mr. Chaudhuri,

Your incorrect response and hasty action would explain some or all of the damage incurred by our stock in the passed few days.

I will contact our CEO, Dr Cavasin directly and expose this issue to him as he is personally following this project with Mr. Rajesh R Doshi, General Manager of your company’s Chemical Division and bajaj eco-tec products ltd.

Here at ACMG we know what the different departments are up to and as such I can assure you that I have personally seen
a) the Confidentiality Agreement signed between BHL and ACMG and
b) the lab set-up being prepared and the new draft of the joint development project to adapt our technology - as result of the last meeting between our CEO and your GM of BHL Chemicals Division held last Friday and Saturday.

We do expect a correction issued by you before market opening today.

In addition, I will expect an official paragraph from you to be added to our next Press Release describing your company and with your personal contact info where people may be able to verify the publication with you.

Regards,

Steven Sung,
Investor Relations
IR@alcarchemicalsgroup.com"

Steven shouldn't have said "before market opening today" - could be one of the reasons, why people are getting skeptical.

Lol...valid point...

Upps, sorry for the bold copy...I'm not used investorshub text features)

Here are the words of Mr. Cavasin in the last pr:

"BHL is a very large corporation and it is possible that some "wires were crossed" resulting in their communications department falling behind on their intelligence gathering. However, I have been assured that BHL will provide a statement very shortly."

Why could we not wait "VERY SHORTLY"?

That's what I mean with "trust" - this has nothing to do with DD.

I own a communications and public relations agency and we are dealing with bigger clients in the technology area.
Do you know, how long it can take to write and finalize a proper pr-announcement?
So "very shortly" can mean three days, "very shortly" could be two weeks - depending on the organisation, structure, people in the company and importance of the announcement.

My request: Wait until the end of the week - I am sure it is worth it.

GLTA

@citoyen
This was the reason I sent another post regarding regular my four steps of regular dd:
I would NEVER invest by blind trust and gut feeling in a company - trust would only be one piece of my decision.

Maybe it's a problem of language, I am not a native english speaker...I only wanted to say one thing:

Doing a real Due Dilligence is something different than calling partners and asking if a pr of "our" company is true - WHILE the companies are negotiating.
So a potential partner of ACMG who gets called this way by several people, could tell ACMG, don't speak about our relationship until the deal is done OR NOT.
Consequence would be: we get no information or only when things are finished.

Is this, what we want?

WHEN the deals are done - I don't have any problems with getting all the information regarding this deal, but not WHILE.

Does this help to understand my point?

GLTA

I didn't speak about DD, I spoke about the attitude that little shareholder starts investigating the TRUTH, because he assumes the company to be a scam. If one assumes that, he shouldn't invest in any company.
Of course the following are the fundamentals for an investment:

1. DD through internet or other sources is the first step to know more about a company.

2. Next step is to start building up contact with the management of this company.

3. Third step is to talk with other people who are invested or want to get invested.

4. Based on these facts, figures and feelings one should decide to invest or not.


To make it short:
While two parties are negotiating, "little-shareholders-007s" are doing a poor job for the company they are invested or want to invest in, by "penetrating" the company's partner with telephone calls, mails etc. asking if the company is real, the negotiations are real,the deal will be real etc.etc.

EOM

The last post was not personal to citoyen - I just pushed the reply-button while reading his suggestion...

Sorry.
Though it might be a honest wish of some people here to find out if ACMG is a scam - I have a massive problem with this "little-shareholder-doing-investigations-in-the-business-world" game.
If you do not trust a company don't invest in it.
If you think, every company at the OTC/OTC.PK is betraying you - take your money immediateley and run away.

BY THE WAY: THIS IS NOT A MATTER OF SIZE OR HERITAGE OF A COMPANY!
You remember Enron? Worldcom? Siemens?
You called all their partners, clients etc.? You studied all their filings, books?

I repeat, what I said yesterday:
It's a threat to ACMG, if shareholder (or worse: those who consider becoming one, IF they found out the TRUTH...) think they have to proof the company's credibility by calling potential partners or worse: partners they are negotiating contracts with.
My advise: Go for a job as 007/James Bond - and leave the business to people with experience.

Over the last year there were several people with personal contact to Dr. Cavasin (including me) and some of them posted these mails of ACMG in the boards. He always responded fast and responsible.
What more evidence of a man's credibility do you need?
How can you judge this company only by moaning you had bad experiences with other companies?

You are not the owner of ACMG or the Managing Directors, you are just some greedy guys looking for the fast money, but PLEASE without a risk!

A wonderful weekend to those, who appreciate what they have with ACMG.

Incredible, how certain people threaten the business of Alcard.
We can only hope that Bajaj and Dr. Cavasin have a good relationship to solve this misunderstanding.
It's a shame.

Han,
you are annoying.
Just think of the OPEC countries: Didn't they have a huge surplus of oil in the recent decades?
Uuuuppps!!
So they exported it to Europe and the US - that's the game.

Another point: Here in Europe we are very aware of the big problems with worldwide warming, but the big boys in the industry are stuck in their structures: even if they wanted to, they can't change their business that fast.
So maybe countries like Thailand, SIngapore, Malaysia, Kamboda, Vietnam are aiming to play an important role in the future energy market - because they don't have traditional oil industries, they can start from a relativeley new base.

And please do not forget: ACMG is NOT an Ethanol play - it's much, much more.

Last point:
Read the FAQs from ACMG!
I never read something similar. This guy is more than serious, I am very impressed of the style he sees things.

If you don't trust him, go out of ACMG, but please stop repeating your "surplus-record".
GLTA from Europe

I saw a lot of business plans and wrote some by myself, so I am quite familiar with the "spirit" a business plan has to deliver to the reader.
Thus I found it amazing/exciting/whatever you name it, that ACMG is planning a dividend in 2009.
Of course no one knows, if they will ever be able to do so (though all of us would be happy if they are), but it's the idea, which is decisive and in one way crucial to me.
Because it is something ACMG management has to be measured at.

But that's future...and every business plan is old, when its printed out.
GLTA

Well, I agree to some degree, but if we don't take one thing for real in the business plan, we must question all things in the business plan.
It's all about trust and confidence...
glty

The Business Plan is great - I hope they achieve only half of it:

"The projected discretionary cash flow generated over the next five years through the implementation of the business plan amounts to over $2.2B. While initially ACMG’s technology is the only asset and as a result share value is highly dependent on
speculation, by the end of 2007 sales and resulting profits will be stabilizing share value and, as shown by the Free Cash Flow per Share analysis, provide the ability to pay significant dividends at over $1 per share already in 2009. "

Did anyone read this???
They want to pay a divi of more than 1$ per share in 2009???

Wow, I can wait these two years...)
Good night from Europe

Yes, absoluteley.
55% for 2,05$ instead of 60% for 2$.
But we need more details in terms of financing and the schedule.

And: Do I understand correctly they immediateley receive 7,6mio$ by the signing of the LOI?

This would be very unusual to hand over money by only having signed a LOI - or a great sign how far they are with the final document.

GLTA

OK, news out, so forget my post...

Where's jerseyboy?

He was the one with the most insight know-how - but he didn't come back with further infos regarding today's pr he wanted to get over the weekend...
Bad sign?

IMHO there are three possibilities:
1. It took ACMG and the investors a lot more time than they thought it would take.

2. Someone told Mr. Cavasin that Fridays news aren't the best if you want a significant increase of the shareprice, so he decided to bring it today.

3. It was all just fun, ACMG needed more money and started some fluffy pr the last weeks and we will see nothing...)
Just joking, we have carnival today...

GLTA

)

Really? Can't remember anymore, have to ask my wife, but she's actually out for a swim...
gcduck

Hi Han,
thanks for the insight, good to have someone on board with this knowledge.

But how did you know of the news about the marriage of the two ducks?
This happened 21 years ago...I should know
gcduck

I don't expect a LOI to be part of a newspaper.
In my understanding a LOI defines two parties' seriousness doing business together but is not the contract itself.
I signed several LOIs in my business life - some were fluff, some became the foundation for real business.

So why should a newspaper report about this stage of a partnership?

Anyway what I am interested in is information about the schedule between LOI and signing of the contract.

Hope we'll see the answers on tuesday - glta

and remember the last pr stated:
"The company expects to release the terms and conditions of the letter of intent with the consortium on February 16, 2007."

It does say they "expect" which is not necessarily it will be...

GLTAL

Jep, interesting day is correct.
I think expectations for today's news are too high from some people.
But as you said: good opportunity to accumulate shares if they get disappointed.
GL

Seems to me everyone is waiting more to sell his shares than for the announcement itself...

Ok, let's look at today's pr:
Why did ACMG put out this?
To tell us, they will publish the details not on 15th but on 16th?
To tell us, there is another licence deal in front of the door?
To tell us, there is a new guy at the Scientific Advisory Board?

Hm, to be honest, I am a little confused with this, because the official message was the new board which isn't that new, but the big news is hidden (PET-producer) - what do you think?

Hello?!
No one is saying something about this:
"..as we are concentrating on Bajaj Hindusthan Ltd. as well as one of the world's largest PET producers..."

This is ONE client = Bajaj and there seems to be another, SECOND client = one of the world's largest PET producers.

This means a lot more revenue than just from ethanol...imho

GLTAL

Does anyone know the current share numbers?
I remember 110mio - of which the CEO had 70mio
What is the float?

Would be interesting to know how many shares are in the market (and how many shares I own of them...)

GL from Europe

Absolutely.
Though the longterm perspective is great the current situation is all about psychology.
Anyway: it's exciting.

GLTY

Hm...
Are the expectations to high for thursday's pr?
When everybody expects this to rise over 0.30 and more (obviously to sell half of their shares), what kind of information do we need to satisfy these expectations?

FYI: I'm in here since april 2006 and kept adding shares over the past year – and didn't sell one share so far.

GLTA

If you take a look at ACMG's white paper it's not only ethanol we are speaking about with ACMG, it is much more - it is great...

Propylene glycol may be used for polyester, alkyd resins, paints and coatings manufacturing
in addition to polyurethane formulations. These products find several other uses in the food
and pharmaceutical industries as well.

Ethylene carbonate and related polycarbonate and polyurethanes, synthesized from
ethanol and water. It is employed for aliphatic and aromatic polyurethane manufacturing as
well as for polycarbonate and specialty polyester and acrylate coatings manufacturing. The
advantage of using ethylene carbonate is the fact that it offers an isocyanate free route to
polyurethane manufacturing without resulting toxic by-products, which is a technology many
paint and coating manufacturers already use today, especially in the automotive industry.
This not only represents an environmentally friendly approach to polyurethane manufacturing
but also a greater flexibility in formulating paints and coatings resulting in more advanced
materials exhibiting higher properties.

Ethylene Glycol, Polyethylene and Vinyl, synthesized from Ethanol.

PVC, synthesized from Ethanol and salt solutions.

Carbamate functional polymers (hydroxyl terminated urethanes) and functional amines
(ethanol-amine, di-ethanol-amine ... Hexylamine) are materials for polyurethane paints
and coatings obtained from further reactions, synthesis and/or polymerisation of the offered
raw materials. Since ethyl carbamate (Urethane) is a highly toxic crystalline powder, it will not
be manufactured in this form but rather directly reused, within the closed loop system, where
needed to manufacture the aforementioned compounds as well as less toxic blocked-poly-
isocyanates if in demand.

Biodiesel, synthesized from ethanol and soybean oil will yield a high quality fuel grade
product with cleaner burning and lower freezing point properties than the methanol obtained
counterparts.

Ok...interesting
so does this mean Han2004fl is representing southendstockpickers.com???

Hi Han,
I appreciate your posts as an enthusiastic insight of the asian markets and potentials.
I'm from Europe and wondering why no one here cares about ACMG and their technologies - we shall see.

Just one point to your "maths":
There are a lot of guys waiting for a 100% or 200% chance. They will immediately sell and force the price down, apart from being much more buyers than seller.
Of course I would be more than enlightened to see a rising shareprice over 0.50$ or more, but think, we have to wait when the plant in Canada ist constructed.
I favour a steady state, not an explosion. Experienced this last year with Patriot, didn't push the sell button and look where they are now...

Ciao: gd

Well, "tedkennedysucks2" was great fun to read - to sad he sold his shares with a loss in december I think.

Hi Jerseyboy,
I am in ACMG since the beginning last year and started adding after I got feedback from Mr. Cavasin to one email at April 2006 (still holding contact via mail with him).
I think it was you , who suggested to write emails directly to him, because he would answer them as soon as possible - thanks for this advise.
Based on its integrity and the last developments I believe ACMG will find itself in a complete new range regarding the attention of its industry, the finance world and in the end of the share price.
I appreciate your posts and am looking forward to the next months and years!
GLTA